760 ILCS 3/1305

Current through Public Act 103-1052

Section 760 ILCS 3/1305 - Nontransferability

A powerholder may not transfer a power of appointment. If the powerholder dies without exercising or releasing the power, the power lapses.

760 ILCS 3/1305

Added by P.A. 101-0048,§ 1305, eff. 1/1/2020.